Off-Market Win After Failed Deal
Property Type: Investment Property (House + Granny Flat)
Location: Kincumber, Central Coast
Transaction Type: Off Market
Client Profile: Investor seeking dual-income property
The Situation
This investor had been searching for a house and a granny flat on the Central Coast.
They had previously exchanged on a property but withdrew after their due diligence revealed issues they weren’t comfortable proceeding with.
After that experience, they were understandably more cautious and decided to engage our services.
They knew what they wanted:
A house and a granny flat that would work as a long-term investment.
The challenge was finding a quality property that met their criteria without the stress of competing in multiple-offer situations.
What We Did
When they came on board, I already knew about an off-market property in Kincumber that matched what they were looking for. It was a house and a granny flat on a corner block. Both dwellings had been renovated, with the granny flat being relatively new.
I presented this opportunity to them for consideration. After conducting inspections and thorough due diligence, they agreed that it was the right property for their investment goals.
The Outcome
The property was secured off-market.
The renovated condition of both the main house and granny flat meant it was ready to rent immediately, with minimal preparation required. The corner block position and dual income setup aligned with their investment strategy.
Since the settlement, both dwellings have been tenanted, and the property is performing as expected for the owner.
Key Factors
This purchase came together because of a few important elements:
- The property was available off-market through existing agent relationships in the area, so there was no auction pressure or competing offers to navigate.
- Having worked with multiple investors on similar properties, I could quickly identify whether this particular house and granny flat would suit their specific requirements.
- After their previous experience, the client appreciated having support through the due diligence process to ensure they were making a sound decision.
- The property’s renovated condition meant it genuinely was a low-maintenance investment from day one.
Burnt by a previous property deal? Or struggling to find quality house and granny flat investments?
Off-market and pre-market properties often provide the best opportunities for investors, but accessing them requires established relationships with agents across the Central Coast.
Let’s discuss what dual-income properties are currently available and how to avoid the stress of competing in multiple offer situations.
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